Since my book about Veterans Benefits – Veterans Benefits for You – came out in July I have been interviewed on radio, television, podcasts, and different forms of social media. I have also discussed benefits with company Veteran affinity groups and answered their questions. In these more than two dozen sessions, one common theme has emerged. Veterans are asking how they can help other Veterans. That is, what benefits or programs are there for a buddy facing difficulties that can help him/her change directions? Two benefits that I point out address are Financial Wellness and Veteran Homeless. Let me explain. The First Way to Help Another Veterans: Financial Wellness Because of the monthly fees, many Veterans do not use the banking system. They are referred to as unbanked Veterans. Instead, these unbanked Veterans use prepaid debit cards. This is risky and expensive. Risky because of identity theft or loss of the card. Expensive...
VA Guidance Articles
VA Updates: Veteran Benefits – Earned By Veterans, Not An Entitlement
Serving in the military has several features. These include solid training, leadership opportunities, and competitive compensation. Generally less recognized are the various monetary veteran benefits from the U.S. Department of Veterans Affairs for those who served honorably. These are earned benefits, not entitlements. Veterans should be aware of these benefits, how they can be accessed, and, most importantly, how they can be used to improve post-service life. The Most Used Veteran Benefits Include: • Disability compensation – a tax-free monthly payment based on an injury or disability that occurred while in service. This can be used to offset lost income or expenses. • GI Bill – provides education support. Serve for three years and earn four years of free college. It can also be used for high-tech apprenticeships, advanced Science, Technology, Engineering, and Math training, and credentials and certificates. Time limitations on when this benefit...